Investing.com - Netflix (NASDAQ:NFLX) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.6 on revenue of $4.92B. Analysts polled by Investing.com forecast EPS of $0.56 on revenue of $4.93B. That compared to EPS of $0.85 on revenue of $3.91B in the same period a year earlier. The company had reported EPS of $0.76 on revenue of $4.52B in the previous quarter.
For the year, Netflix shares are up 35.41%, outperforming the S&P 500 which is up 20.51% year to date.
Netflix follows other major Services sector earnings this month
On Monday, Prologis reported second quarter EPS of $0.62 on revenue of $700.69M, compared to forecasts of EPS of $0.38 on revenue of $698.76M.
Walgreens Boots earnings beat analyst's expectations on Thursday, June 27, 2019, with third quarter EPS of $1.47 on revenue of $34.59B. Investing.com analysts expected EPS of $1.43 on revenue of $34.44B
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